REA Group Ltd Annual Report 2021

Annual Report 2021 | REA Group Ltd 24. Related parties (continued) Consolidated Statement of Financial Position 2021 $’000 2020 $’000 ASSETS Current assets Cash and cash equivalents 160,994 203,940 Trade and other receivables 589,882 413,242 Total current assets 750,876 617,182 Non‑current assets Plant and equipment 84,649 95,758 Intangible assets 99,282 91,502 Deferred tax assets 12,971 10,167 Other non-current assets 282,834 200,518 Investment in associates and joint ventures 37,447 11,941 Investment in subsidiaries 682,346 1,150,229 Total non‑current assets 1,199,529 1,560,115 Total assets 1,950,405 2,177,297 LIABILITIES Current liabilities Trade and other payables 307,064 105,053 Current tax liabilities 29,303 79,537 Provisions 11,454 7,375 Contract liabilities 69,961 55,051 Interest bearing loans and borrowings 6,691 75,040 Total current liabilities 424,473 322,056 Non-current liabilities Deferred tax liabilities 6,992 5,731 Provisions 4,756 4,407 Other non-current liabilities 188,859 169,393 Interest bearing loans and borrowings 485,212 248,243 Total non-current liabilities 685,819 427,774 Total liabilities 1,110,292 749,830 Net assets 840,113 1,427,467 EQUITY Contributed equity (782,934) (30,824) Reserves 35,192 29,272 Retained earnings 1,587,855 1,429,019 Total Equity 840,113 1,427,467 Year in review Directors’ Report Financial Statements Remuneration Report Sustainability Our Leaders 121